IQSE.DE vs. UBU7.DE
IQSE.DE (Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc) and UBU7.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Dist) are both Global Equities funds. IQSE.DE is actively managed, while UBU7.DE is passively managed. Over the past 5 years, IQSE.DE returned 13.68%/yr vs 12.26%/yr for UBU7.DE. Their correlation of 0.86 suggests significant overlap in exposure. IQSE.DE charges 0.30%/yr vs 0.10%/yr for UBU7.DE.
Performance
IQSE.DE vs. UBU7.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQSE.DE achieves a 15.26% return, which is significantly higher than UBU7.DE's 12.56% return.
IQSE.DE
- 1D
- 0.51%
- 1M
- 1.73%
- 6M
- 15.25%
- YTD
- 15.26%
- 1Y
- 28.52%
- 3Y*
- 22.25%
- 5Y*
- 13.68%
- 10Y*
- —
UBU7.DE
- 1D
- 0.34%
- 1M
- 1.45%
- 6M
- 13.08%
- YTD
- 12.56%
- 1Y
- 24.39%
- 3Y*
- 17.65%
- 5Y*
- 12.26%
- 10Y*
- 12.92%
IQSE.DE vs. UBU7.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IQSE.DE Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc | 15.26% | 19.02% | 24.13% | 22.41% | -14.80% | 26.85% | 6.30% | 6.70% |
UBU7.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Dist | 12.56% | 8.11% | 26.08% | 20.13% | -13.88% | 32.53% | 5.35% | 7.04% |
Correlation
The correlation between IQSE.DE and UBU7.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2019 | 0.86 |
The correlation between IQSE.DE and UBU7.DE has been stable across timeframes, ranging from 0.82 to 0.86 - a consistent structural relationship.
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Return for Risk
IQSE.DE vs. UBU7.DE — Risk / Return Rank
IQSE.DE
UBU7.DE
IQSE.DE vs. UBU7.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc (IQSE.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IQSE.DE | UBU7.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.40 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.50 | 3.72 | -0.22 |
| Martin ratioReturn relative to average drawdown | 14.74 | 14.74 | 0.00 |
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Drawdowns
IQSE.DE vs. UBU7.DE - Drawdown Comparison
The maximum IQSE.DE drawdown since its inception was -33.78%, roughly equal to the maximum UBU7.DE drawdown of -33.85%. Use the drawdown chart below to compare losses from any high point for IQSE.DE and UBU7.DE.
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Drawdown Indicators
| IQSE.DE | UBU7.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.78% | -33.85% | +0.07% |
Max Drawdown (1Y)Largest decline over 1 year | -8.11% | -6.52% | -1.59% |
Max Drawdown (3Y)Largest decline over 3 years | -18.04% | -21.70% | +3.66% |
Max Drawdown (5Y)Largest decline over 5 years | -23.46% | -21.70% | -1.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.85% | — |
Current DrawdownCurrent decline from peak | -0.20% | -0.08% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -5.03% | -5.67% | +0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 1.65% | +0.28% |
Volatility
IQSE.DE vs. UBU7.DE - Volatility Comparison
Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc (IQSE.DE) has a higher volatility of 3.87% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.DE) at 3.14%. This indicates that IQSE.DE's price experiences larger fluctuations and is considered to be riskier than UBU7.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQSE.DE | UBU7.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 3.14% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 10.27% | 7.88% | +2.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.87% | 11.30% | +1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.67% | 14.15% | +1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.58% | 15.06% | +2.52% |
IQSE.DE vs. UBU7.DE - Expense Ratio Comparison
IQSE.DE has a 0.30% expense ratio, which is higher than UBU7.DE's 0.10% expense ratio.
Dividends
IQSE.DE vs. UBU7.DE - Dividend Comparison
IQSE.DE has not paid dividends to shareholders, while UBU7.DE's dividend yield for the trailing twelve months is around 1.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQSE.DE Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UBU7.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Dist | 1.30% | 1.56% | 1.33% | 1.44% | 1.61% | 1.08% | 1.46% | 1.72% | 1.70% | 1.80% | 2.20% | 1.80% |
Frequently Asked Questions
IQSE.DE and UBU7.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UBU7.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UBU7.DE is cheaper with a 0.10% expense ratio, compared with 0.30% for IQSE.DE.
They also come from different issuers: Invesco and UBS. Their fees differ too: 0.30% for IQSE.DE and 0.10% for UBU7.DE.
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